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Larger offerings of cattle, both via the saleyards and in slaughter terms, indicates how the beef industry is moving towards cyclical production highs in the cattle cycle this year.
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Slightly softer saleyard yardings out of Queensland in Q1 2025 suggest numbers are yet to fully present in the saleyards this year for Queensland.
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Forward bids and offers on the StoneX Cattle Swap have risen to less of an extent than the spot market.